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. >>> developing now from the white house president obama and congressional leaders right now meeting behind closed doors for negotiations on the so-called fiscal cliff, something that both sides want to avoid but the big question, how much are they willing to give? here's what the president said within the last hour just before the bargaining began. >> our challenge is to make sure that, you know, we are able to cooperate together, work together, find some common ground, make some tough compromises, build some consensus to do the people's business and what the folks are looking for and i think all of us agree on this is action. >> nbc's kristen welker is live at the white house. give us a brief on the expectations going in -- open minded or closed minded from both sides? >> reporter: well, i think both sides are definitely open minded but that is not to say there aren't huge hurdles that they have to get over in order to come to some sort of deal to avoid the fiscal cliff which of course by all accounts if they cannot do that it could lead the economy back into a recession. there is
. >>> developing now from the white house president obama and congressional leaders right now meeting behind closed doors for negotiations on the so-called fiscal cliff, something that both sides want to avoid but the big question, how much are they willing to give? here's what the president said within the last hour just before the bargaining began. >> our challenge is to make sure that, you know, we are able to cooperate together, work together, find some common ground, make...
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what you see so much is the right trying to raise the political price for obama in this, when there's really no there there. we saw some of that with john mccain who has been trying to get to the bottom of benghazi. it's been so important for him, and yet, he skipped the classified hearing about this. why did he skip it? because his office said that he had a previously scheduled engagement. what was that? a press conference where he dissing the president and get answers. really? >> let's put mccain in perspective here, because he's the point man on capitol hill and really insinuating that there's something, you know not on the up and up going on here with the white house. john mccain is acting out of sour grapes here. that defines his career. think back a decade, but john mccain was ever democrat's favorite republican. why? he ran against george w. bush and he lost, and he didn't take the loss well. when george w. bush made president, john mccain didn't miss a single opportunity to stick it to the bush administration. hard to believe now john mccain in 2001 voted against the bush tax
what you see so much is the right trying to raise the political price for obama in this, when there's really no there there. we saw some of that with john mccain who has been trying to get to the bottom of benghazi. it's been so important for him, and yet, he skipped the classified hearing about this. why did he skip it? because his office said that he had a previously scheduled engagement. what was that? a press conference where he dissing the president and get answers. really? >> let's...
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you're absolutely right, tamron. they know they can't have the same sort of disastrous debacle happen that we saw during the debt ceiling fight of 2011. i think that they know they have to work together. president obama feeling emboldened about winning re-election. he's demanding that the bush era tax cuts expire for the wealthiest americans. that's something that republicans have typically opposed, but today house speaker john boehner seemed to suggest he was open to wiggle room on the issue of taxes or fresh revenues. on the other hand, democrats are willing to compromise on sacred cows, entitlement reform. let's hear more of what the congressional leaders had to say after the meeting. take a listen. >> we should have a goal in terms of how much deficit reduction. we should have a deadline before christmas. we should share some milestones of success so that confidence can build. >> we have the cornerstones of being able to work something out. we're both going to give up some of the things that we know are a problem
you're absolutely right, tamron. they know they can't have the same sort of disastrous debacle happen that we saw during the debt ceiling fight of 2011. i think that they know they have to work together. president obama feeling emboldened about winning re-election. he's demanding that the bush era tax cuts expire for the wealthiest americans. that's something that republicans have typically opposed, but today house speaker john boehner seemed to suggest he was open to wiggle room on the issue...
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right now president obama, key congressional leaders from both parties are behind closed doors at the white house. they're trying to find ways to finally find some common ground and avoid the january 1st fiscal cliff when drastic spending cuts and massive tax increases would take effect. those in attendance, there are some guests along with congressional leaders. we understand nancy pelosi will be there, john boehner the speaker will be there. we understand some guests will be the vice president, of course minority leader mitch mcconnell will also be there. we also understand that during this discussion will be some tough questions obviously and that is about the tax cuts and what the top 2% will have to pay. here is what happened moments ago. take a listen. >> i want to welcome the congressional leadership here and thank them for their time. i think we're all aware that we have some urgent business to do. we've got to make sure that taxes don't go up on middle class families, that our economy remains strong, that we're creating jobs, and that's an agenda that democrats and republican
right now president obama, key congressional leaders from both parties are behind closed doors at the white house. they're trying to find ways to finally find some common ground and avoid the january 1st fiscal cliff when drastic spending cuts and massive tax increases would take effect. those in attendance, there are some guests along with congressional leaders. we understand nancy pelosi will be there, john boehner the speaker will be there. we understand some guests will be the vice...
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today as president obama and congressional leaders try to avoid that fiscal cliff. >> and trading is under way on wall street. live look at the big board. dow is down about 6 1/2 points. >>> shot of tahoe where snow showers are rolling through. have fun skiing next th week and next weekend if you are going. entire state is going to get wet today. temperatures will be pretty mild. 50s and 60s and 78 at palm springs. if you are heading up to the mountains, winter weather advisory. 5-11 inches of snow. >> eric: new this morning, hostess brands announcing it is going out of business. hostess is laying off work force of more than 18,000 people including 140 workers at the bakery in oakland which a distributor of hostess products. texas based company a nationwide strike crippled its ability to deliver products. hostess had warned employees it would file a motion to sell off assets if plant operations didn't return to normal level by last night. >>> happening on capitol hill, former c.i.a. director david petraeus is fielding questions about the september attack on the u.s. consulate on beng
today as president obama and congressional leaders try to avoid that fiscal cliff. >> and trading is under way on wall street. live look at the big board. dow is down about 6 1/2 points. >>> shot of tahoe where snow showers are rolling through. have fun skiing next th week and next weekend if you are going. entire state is going to get wet today. temperatures will be pretty mild. 50s and 60s and 78 at palm springs. if you are heading up to the mountains, winter weather advisory....
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president obama ran on fairness, and he's about to deliver. we're already seeing this president standing strong on the key issues that won this election. fairness. i was part of a group that met with him today at the white house. he is not backing down. he knows that making this a more fair country, protecting the middle class, is the central issue of our time he will ran on fighting for a system that works for everyone. where everyone gets a fair shot at the american dream. before our group of civic leaders met with the president, he met with the democratic and republican leaders. they know he has it the upper hand. they know he holds the cards in this fight. with the threat of the fiscal cliff looming, that -- when that happens, you're going to see a winner and a winner who won the national election. the republican leaders even the republican leaders seem to get that today. their words were such a change from what we've heard from them before. to show our serious sez, we've put revenuen ot table as long as it's accompanied by significant spe
president obama ran on fairness, and he's about to deliver. we're already seeing this president standing strong on the key issues that won this election. fairness. i was part of a group that met with him today at the white house. he is not backing down. he knows that making this a more fair country, protecting the middle class, is the central issue of our time he will ran on fighting for a system that works for everyone. where everyone gets a fair shot at the american dream. before our group of...
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. >> if the grand bargain that president obama and speaker boehner were talking about two years ago, were put back on the table right now, with the house up in conference at speaker boehner allowing him to sign the deal? >> so in other words, 800 billion, revenue increases through growth and through deductions and so forth, i need to loopholes and so forth, i'm not with this vote on his face because you might have to spend tell me about that, brother. i got that figured out. i think house republicans are poised to clean up in that direction. so in other words, are you asking me, is the speaker had out ahead of the pack? i don't think so. i think he's leading the house anyway, and i think he's reflecting where majority of house republicans are? >> for anyone who's just speaker boehner goes into those talks with out full throated support of house republicans conference, that would be wrung? >> that would be wrong. .. the agenda that dave as the committee has laid out over the past two years and let's focus on making the u.s. tax code the most competitive tax jurisdiction of the world.
. >> if the grand bargain that president obama and speaker boehner were talking about two years ago, were put back on the table right now, with the house up in conference at speaker boehner allowing him to sign the deal? >> so in other words, 800 billion, revenue increases through growth and through deductions and so forth, i need to loopholes and so forth, i'm not with this vote on his face because you might have to spend tell me about that, brother. i got that figured out. i think...
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. >>> general petraeus on capitol hill right now. the first time we've seen him since he resigned over an affair. will he put those questions to rest about benghazi? >>> president obama welcomes congressional leaders to the white house this morning. same people, same ideas on the table. is there a new willingness, though, to compromise? >>> a tragedy in texas. a freight train crashes into a parade float carrying veterans. the question is, what went wrong? >>> former director of the budget office, peter orszag will join us, jeff sessions is with us, actress jada pinkett smith will join us and kelly reilly from the movie "flight." "starting point" begins right now. welcome back, everybody. our team this morning, richard socarides is with us. economics editor at the economist. will cain is a columnist at the blaze.com. john berman is with us, helping us out with news. christine romans is sticking around, helping us out with business. fiscal cliff, 46 days and counting, we'll fall off the fiscal cliff. although some people have talked ab
. >>> general petraeus on capitol hill right now. the first time we've seen him since he resigned over an affair. will he put those questions to rest about benghazi? >>> president obama welcomes congressional leaders to the white house this morning. same people, same ideas on the table. is there a new willingness, though, to compromise? >>> a tragedy in texas. a freight train crashes into a parade float carrying veterans. the question is, what went wrong? >>>...
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healthcare access and promotion of the dream act and gay rights. republican governor bobby jindal first attacked that comment wednesday and there is no sign that he's letting up now. just yesterday jindal told cnn if you want voters to like you you have to like them first. and the party needs to appeal to 100% of the electorate. not just 53. that's of course in reference to romney's 47% video. now new mexico governor susanna martinez is adding to that saying romney's remarks demonstrates what sets the party back. and that is that they do not think through their comments very carefully. more bad news for republicans. citizens for responsibility and ethics in washington, that's drew crew is filing complaints with the s.e.c. and the fbi against karl rove and his super pac crossroads gps. crossroads is a 501c4 organization. now that means that it only has to disclose its donors if they give more than $200 to an independent expenditure like a specific candidate. the nonpartisan group crew, says rowe received millions in support of ohio senate candidate
healthcare access and promotion of the dream act and gay rights. republican governor bobby jindal first attacked that comment wednesday and there is no sign that he's letting up now. just yesterday jindal told cnn if you want voters to like you you have to like them first. and the party needs to appeal to 100% of the electorate. not just 53. that's of course in reference to romney's 47% video. now new mexico governor susanna martinez is adding to that saying romney's remarks demonstrates what...
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right? he believed some conservative thing that president obama never used the word terror when he described this attack. when, in fact, the president had. it led to that horrible fact checking moment, live fact checking in the debate. is john mccain, and these guys, dana warbaucher, gene schmidt, trying to make it into a political scandal, are they making the same mistake, they're pursuing a narrative circulating on the right but isn't based in fact? >> i'd add darrell issa on that. he held the hearings on benghazi a month before the election and bungled them. he released documents without even check with anyone. and the bottom line here is there are legitimate questions about the benghazi attack and a lot of information we haven't gotten but that's all become secondary to the sort of political fight between the republicans in congress who want to assert that they still have the control of the foreign policy issue, and they want to assert that obama's weak on foreign policy though the elect
right? he believed some conservative thing that president obama never used the word terror when he described this attack. when, in fact, the president had. it led to that horrible fact checking moment, live fact checking in the debate. is john mccain, and these guys, dana warbaucher, gene schmidt, trying to make it into a political scandal, are they making the same mistake, they're pursuing a narrative circulating on the right but isn't based in fact? >> i'd add darrell issa on that. he...
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republicans are right. bill: two more quick questions on this. >> sure. bill: when these congressional leaders speak, what sort of code words should we be listening for today? >> well i don't know what they would say to each other but on the outside, using the word rates left revenues and that type of stuff are code words especially coming from the president. if he talks about raising revenues and does not insist on it being rates there is a good compromise possible. if he forces it to be rates i think there is not a lot of compromise and republicans will have to concede or take it over the cliff. bill: i've -- >> i don't know how they would do it. bill: are you buying for this uncertainty or running for the hills? >> i have run for the hills. personally i have done a lot of protection. yes, i have done did that. how did you know that was kentucky talk of me? bill: wild guess. >> i love it, bill. bill: speak to you again. thank you, art. >> thanks, bill. martha: we've got breaking news from our producers in jerusalem. there have been two rockets that just
republicans are right. bill: two more quick questions on this. >> sure. bill: when these congressional leaders speak, what sort of code words should we be listening for today? >> well i don't know what they would say to each other but on the outside, using the word rates left revenues and that type of stuff are code words especially coming from the president. if he talks about raising revenues and does not insist on it being rates there is a good compromise possible. if he forces it...
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. >>> it is 5:44 right now and this is always a great cause, an annual event. nbc bay area dpeerigearing up f holidays by joining the fight against hunger. it takes place tomorrow at safeway stores all over the bay area. >> we'd love to see you come out. in fact bob redell is already live this morning at a safeway in pleasanton with a lot more on how you can help. good morning, bob. >> reporter: yeah, laura and jon, we can't make it any easier. all you've got to do is come into one of these safeway stores. look what's in front of you. you've got a grocery bag already packed, stapled together. costs ten bucks. you put it in the bin and it will go to people who are less fortunate and need to be fed. we've got the jazz band here as backup for chico and nee, students at the high school. i'm just curious, at this age a lot of people don't start feeling generous until they're older or more mature. what made you think about doing this? what was inspiring you. >> so the truth is about one in six americans goes hungry every day and that's a big issue, so we wanted to he
. >>> it is 5:44 right now and this is always a great cause, an annual event. nbc bay area dpeerigearing up f holidays by joining the fight against hunger. it takes place tomorrow at safeway stores all over the bay area. >> we'd love to see you come out. in fact bob redell is already live this morning at a safeway in pleasanton with a lot more on how you can help. good morning, bob. >> reporter: yeah, laura and jon, we can't make it any easier. all you've got to do is come...
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the president is also meeting with 13 heads of civil rights groups to discuss his negotiations with congress to avert automatic tax increases and spending cuts that are set to go into effect on january 1. obama wants tax increases on the wealthy but many republicans say they will not accept higher tax rates. >>> and the red ink gets deeper for the financially troubled u.s. postal service. the agency reported a record loss of almost $16 billion for the fiscal year that ended on september 30. the postal service is not taxpayer-funded. it blames much of the problems on congress for forcing it to pay a fund for future retiree health benefits. you know, $16 billion, that's a big loss for them. we know they have been struggling but not getting any better. >> not at all. >> doesn't sound like it. ashley, i have to tell you that frank bought himself an early christmas present. just got it in the mail yesterday? >> i got it yesterday. it's the new iphone 5 and i love it. i just can't see it because i can't really see very well. [ laughter ] but they're great. >> reporter: good for you! and that's tru
the president is also meeting with 13 heads of civil rights groups to discuss his negotiations with congress to avert automatic tax increases and spending cuts that are set to go into effect on january 1. obama wants tax increases on the wealthy but many republicans say they will not accept higher tax rates. >>> and the red ink gets deeper for the financially troubled u.s. postal service. the agency reported a record loss of almost $16 billion for the fiscal year that ended on...
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. >> all right. but it was addressed. all right, very interesting. tracie potts, thank you very much. >>> no doubt a very busy day on capitol hill. president obama meeting with congressional leaders of both parties at the white house today trying to negotiate a deal to avoid that looming fiscal cliff. the president also meeting with the leaders of civil rights organizations and other advocacy groups, trying to seek some input on those negotiations. president obama wants any plan to include tax increases on the wealthy. republican leaders say they will accept new tax revenue, but not higher tax rates. >>> it's 6:34. time to turn to the forecast. we are on storm watch this morning across the bay area. as we take a live look outside this morning at san francisco on your left hand, san jose on your right. before you go outside to hit the road, let's check in with meteorologist christina loren. she's got a look at today's forecast. christina, does wet and windy pretty much sum it all up? >> it certainly does, and low snow levels come into play as our seco
. >> all right. but it was addressed. all right, very interesting. tracie potts, thank you very much. >>> no doubt a very busy day on capitol hill. president obama meeting with congressional leaders of both parties at the white house today trying to negotiate a deal to avoid that looming fiscal cliff. the president also meeting with the leaders of civil rights organizations and other advocacy groups, trying to seek some input on those negotiations. president obama wants any plan...
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she said president obama told benjamin netanyahu that he understands israel's right to self-defense in light of countless rocket attacks on israeli civilians being launched from gaza. the president urged that prime minister netanyahu make every effort to avoid civilian casualties. do we think this administration has were leverage in making sure that happens? >> i mean, the israelis really feel that they have gone too far. they simply could not hold back from defending themselves because of the hundreds of attacks. trying to stop that, trying to tell israel not to defend itself is really impossible, but that said, the danger of this, of course escalation and all-out war is really very high. that's why this administration is trying to, you know, urge both sides to stop. it's obviously not being very successful. >> you know, tony blair has put a lot of political capital in this trying to come up with a peace agreement for the middle east. he spoke about this recently, what he sees is happening. i want to play a little bit for you. >> the single thing that's most important straight away is
she said president obama told benjamin netanyahu that he understands israel's right to self-defense in light of countless rocket attacks on israeli civilians being launched from gaza. the president urged that prime minister netanyahu make every effort to avoid civilian casualties. do we think this administration has were leverage in making sure that happens? >> i mean, the israelis really feel that they have gone too far. they simply could not hold back from defending themselves because...
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i think that what we are dealing with right at this moment is a signal from senator mccain that they are not going to cooperate with the second administration of barack obama, that they are going to stall out all of his nominations. this is their warning shot that they are going to filibuster her appointment and perhaps anybody else's. i think that's what it is. and here is the intelligence committee member. >> again, i'm really confused. the only point in contention really is whether or not this attack emerged from a protest and as soon as the information became clearer and it did take some time for that to happen, then that was perfectly clarified. there is absolutely -- it's inconceivable to me for anybody to speculate there would be a deliberate misleading of the american people. why would there be? it's perfectly inconsequential al. there was a spontaneous demonstration and the terrorist groups organize niced to take tunistic advantage of it or not. in any case, there is no advantage to mislead the american people in that regard. i mean you have to have motivation behind it and
i think that what we are dealing with right at this moment is a signal from senator mccain that they are not going to cooperate with the second administration of barack obama, that they are going to stall out all of his nominations. this is their warning shot that they are going to filibuster her appointment and perhaps anybody else's. i think that's what it is. and here is the intelligence committee member. >> again, i'm really confused. the only point in contention really is whether or...
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"hardball" starts right now. >>> romney says obama bought the election. let's play "hardball." ♪ >>> good evening. i'm chris matthews in washington. let me start tonight with this. you'd have thought that mitt romney would have stopped this crap. during the campaign he was out there selling it, that president obama was buying black votes by dumping the work requirement for welfare. remember that little sugar plum? it had it all, the accusation that minority voters could be scarfed up with a little chump change. throw them a little something and the votes would come pouring back. here he was yesterday, romney, schmoozing with his donor base about how the whole thing went wrong. it seems the president did a little wholesale purchasing, he said. he bought the minority with health care and bought the students with free student loans. great work there, mitt. you're at it again with your double barrels. one, claims that aren't true, and, two, that old dog whistle of yours. fact. people in the income bracket you mentioned have to kick in to get health care. fa
"hardball" starts right now. >>> romney says obama bought the election. let's play "hardball." ♪ >>> good evening. i'm chris matthews in washington. let me start tonight with this. you'd have thought that mitt romney would have stopped this crap. during the campaign he was out there selling it, that president obama was buying black votes by dumping the work requirement for welfare. remember that little sugar plum? it had it all, the accusation that...
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there's chuck schumer right behind him. this is "hardball," the place for politics. [ woman ] my washer had a foul odor that made the whole room stink. [ woman #2 ] even my laundry started to get a funny smell. [ female announcer ] just three uses of tide washing machine cleaner will help remove odor-causing residues and leave your high-efficiency washer clean and fresh. clean laundry starts with a clean washer. >>> mitt romney failed to carry his home state of massachusetts and the romney/ryan ticket didn't win paul ryan's home state of wisconsin either. 20 presidential tickets in american history have lost both their home states, although romney and ryan are the first to reach that level of futility since 1972 when george mcgovern and sargent shriver didn't carry either of their home states, south dakota or maryland. we'll be right back. >>> i'm very proud of you, new york. you guys are tough. you bounce back. just as america always bounces back. the same is going to be true this time out. >> we're back. that was presiden
there's chuck schumer right behind him. this is "hardball," the place for politics. [ woman ] my washer had a foul odor that made the whole room stink. [ woman #2 ] even my laundry started to get a funny smell. [ female announcer ] just three uses of tide washing machine cleaner will help remove odor-causing residues and leave your high-efficiency washer clean and fresh. clean laundry starts with a clean washer. >>> mitt romney failed to carry his home state of massachusetts...
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you heard that republican congressman call president obama a liar. is he right? >> no. and that is absolutely outrageous, carol. and i think that is what is leading to this kind of protracted and ugly fight, which is exactly what the american people did not want coming out of this election. they wanted their leaders to work together and on something as important as benghazi, i think that every party leader needs to understand that they should dial it down a notch and really feg out what happened here. we're talking about the deaths of four americans. we're talking about an ten intelligence community that is under fire. that should be important to both parties. and ei agree with ron, we need o figure out what the cia knew, what general petraeus knew. it also goes to susan rice, ambassador rice and what she said, which came directly from the talking points that the intelligence community put together for her. so we all need to step back and really work together to figure out what happened here. >> the strange thing, if general petraeus is to blame when he was cia director
you heard that republican congressman call president obama a liar. is he right? >> no. and that is absolutely outrageous, carol. and i think that is what is leading to this kind of protracted and ugly fight, which is exactly what the american people did not want coming out of this election. they wanted their leaders to work together and on something as important as benghazi, i think that every party leader needs to understand that they should dial it down a notch and really feg out what...
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stephanie: yeah right george bush appointed--yeah that's obama's fault. >> and that eric cantor didn't say anything about that, even though you knew something about it but didn't leave his--never mind. >> stephanie: diane in chicago. hi diane. >> caller: how are you this morning? >> stephanie: good go ahead. >> caller: john mccain has post election syndrome like sometimes it may not hit them until four years later and this is what is happening with him. so you know-- >> stephanie: normally you get too hold to old to hold a grudge? i'm too old to care about anything. >> no, they don't. no, they don't. he's thinking, oh, i should have reacted like this four years ago. let me get them now. >> stephanie: exactly. it gets worse and worse. you think he'll be over this by now. i think i'm--would you love to be a fly on the wall in his living room election night? he's the angriest dog in the world because it further validated obama. it was not a fluke. >> i'm sure he might have even wanted to hit something. >> stephanie: interesting. >> not a bit like ed harris. >> stephanie: la von, am i sayi
stephanie: yeah right george bush appointed--yeah that's obama's fault. >> and that eric cantor didn't say anything about that, even though you knew something about it but didn't leave his--never mind. >> stephanie: diane in chicago. hi diane. >> caller: how are you this morning? >> stephanie: good go ahead. >> caller: john mccain has post election syndrome like sometimes it may not hit them until four years later and this is what is happening with him. so you...
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. >> do babies know right from wrong and good from evil. >> president obama hosted a screening of the new movie "lincoln" after the movie joe biden was like whoa i did not see that ending coming. >> i'm charlie rose with gayle king. norah o'donnell is in washington. air raid sirens went off in tel aviv, israel this morning. a rocket fired by militants in gaza landed in the sea. second attack in two days on tel aviv. >> throughout the night israeli forces launched a hundred missiles at gaza city. one hit the interior ministry. egypt's prime minister visited gaza this morning in show of support to hamas. >> images and prop pagan da are distributing instantly. john miller is here with that part of the story. good morning. >> good morning, charlie. >> what are they doing in the way they use social media that's different? >> we've never seen this before which is you've got a shooting war going on that started all of a sudden and you've got the israeli defense forces tweeting out in very real-time, the sirens just went off, missiles are coming, we struck here, we struck there and hamas on t
. >> do babies know right from wrong and good from evil. >> president obama hosted a screening of the new movie "lincoln" after the movie joe biden was like whoa i did not see that ending coming. >> i'm charlie rose with gayle king. norah o'donnell is in washington. air raid sirens went off in tel aviv, israel this morning. a rocket fired by militants in gaza landed in the sea. second attack in two days on tel aviv. >> throughout the night israeli forces...
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right to defend itself. >> reporter: days after winning re-election, the president is faced with a widening conflict that has potential to destabilize an already unstable region. of course in the united states and here in the region, everyone is hoping this is over quickly. no one can afford a wider war. >> thank you, for that. >> the israeli military, media office, twitter account, gained 50,000 followers in the past 24 hours. hamas has a facebook page and all playing out on line and on the ground. >> hamas threatening israel saying they have opened the gates of hell by assassinating one of their top leaders. >> we will be back with more right after this. stay with us, everybody. >>> as we all know we are becoming a digital nation. it all begins with books. for too many children, books just aren't a big part of their lives. >> one group set out to remedy that. yesterday it reached a milestone. bringing smiles to 100 million boys and girls. abc's terry moran has the story. >> reporter: you remember, your first book. a moment filled with bright dreams and possibilities. and in washington, d.
right to defend itself. >> reporter: days after winning re-election, the president is faced with a widening conflict that has potential to destabilize an already unstable region. of course in the united states and here in the region, everyone is hoping this is over quickly. no one can afford a wider war. >> thank you, for that. >> the israeli military, media office, twitter account, gained 50,000 followers in the past 24 hours. hamas has a facebook page and all playing out on...
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president obama is right, things are gradually getting better. but as everybody knows, they're not getting better fast enough. we're probably going to see a return to the lower trend line. that's as jennifer says, not good enough for anybody. we need faster job growth and more people getting hired. >> gretchen: stick around, panel, because this is the next topic. is ambassador rice the u.n. ambassador action the rye pick for secretary of state? how about john kerry for secretary of defense? and can you tell what's wrong with this picture? the mistake actually put one guy behind bars hey! did you know that honey nut cheerios has oats that can help lower cholesterol? and it tastes good? sure does! wow. it's the honey, it makes it taste so... well, would you look at the time... what's the rush? be happy. be healthy. >> brian: news by the numbers. 5%. that's how much extra people are going to have to pay at denny's restaurants in florida. franchise owner says he is slapping on the charge to each bill to offset the cost of obamacare. next, $100 bill t
president obama is right, things are gradually getting better. but as everybody knows, they're not getting better fast enough. we're probably going to see a return to the lower trend line. that's as jennifer says, not good enough for anybody. we need faster job growth and more people getting hired. >> gretchen: stick around, panel, because this is the next topic. is ambassador rice the u.n. ambassador action the rye pick for secretary of state? how about john kerry for secretary of...
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we're going to tell you what president obama is doing about it right now. plus, a look at the likely consequences of an all-out ground war in gaza. they are very disturbing. i don't spend money on gasoline. i am probably going to the gas station about once a month. last time i was at a gas station was about...i would say... two months ago. i very rarely put gas in my chevy volt. i go to the gas station such a small amount that i forget how to put gas in my car. [ male announcer ] and it's not just these owners giving the volt high praise. volt received the j.d. power and associates appeal award two years in a row. ♪ bp has paid overthe people of bp twenty-threeitment to the gulf. billion dollars to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. >>> viol
we're going to tell you what president obama is doing about it right now. plus, a look at the likely consequences of an all-out ground war in gaza. they are very disturbing. i don't spend money on gasoline. i am probably going to the gas station about once a month. last time i was at a gas station was about...i would say... two months ago. i very rarely put gas in my chevy volt. i go to the gas station such a small amount that i forget how to put gas in my car. [ male announcer ] and it's not...
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we'll be right back. ♪ >>> president obama has seen firsthand the damage from hurricane sandy in the new york city area. the president toured hard hit staten island thursday with mayor bloomburg. many people who met with the president yesterday brought up the fact they feel the government's response wasn't fast enough. >>> it is likely little comfort for the storm victims, but an an analyst says the amount of time they've been doing without power is extraordinary. >> energy department records show it took 13 days for power to be 95% restored in new york. new jersey reached the same level in 11 days. >>> take a look at this, new video coming in, a surveillance camera captured some of the flooding and damage in hoboken, new jersey. more than two weeks after hurricane sandy, the train system is operating under limited service. no word yet on a time line for full restoration. that looks like historic -- >> you saw how high the water was. >> unbelievable. unbelievable video. >>> 8:26 now. it's a friday morning. a former wnba star who played in the district is under arrest. we'll explain.
we'll be right back. ♪ >>> president obama has seen firsthand the damage from hurricane sandy in the new york city area. the president toured hard hit staten island thursday with mayor bloomburg. many people who met with the president yesterday brought up the fact they feel the government's response wasn't fast enough. >>> it is likely little comfort for the storm victims, but an an analyst says the amount of time they've been doing without power is extraordinary. >>...
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. >> all right, ben. in jerusalem this morning. thanks. >>> coming up later, soledad will be speaking to israel's deputy foreign minister. that's in our 7:00 hour. >>> here at home, president obama will have the four top leaders of congress over to the white house today to begin talks on avoiding the fiscal cliff, which could plunge the u.s. economy back into a recession. both side say there is room for compromise, but at the same time, it appears democrats and republicans may have dug in on their long-held positions concerning tax hikes and spending cuts. jill doherty is in our washington bureau. good morning to you. >> good morning. >> jill, both sides have said they are optimistic about a deal here. they're also not budging on some key issues. >> yeah, i mean, there is some room around the edges, but essentially, and this is the the opening gambit, of course. they're both talking about taxes. the president saying -- and revenue. the president saying that he wants more revenue from the wealthiest americans and the republicans and
. >> all right, ben. in jerusalem this morning. thanks. >>> coming up later, soledad will be speaking to israel's deputy foreign minister. that's in our 7:00 hour. >>> here at home, president obama will have the four top leaders of congress over to the white house today to begin talks on avoiding the fiscal cliff, which could plunge the u.s. economy back into a recession. both side say there is room for compromise, but at the same time, it appears democrats and...
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now elizabeth warren was going to serve under a barack obama as a consumer watchdog in the financial industry but she was prevented from assuming that role because she was actually talking about accountability so they would allow her to assume that position but now she's a senator in massachusetts is she going to just do anything to stop this well you know i bet they wish that they didn't stop her from being consumer financial protection bureau chief and now they've got a deal with her in the senate there's a lot of people that assume she's going to be on the banking committee maybe even have some kind of leadership role i think that's a little bit wishful thinking but if elizabeth warren stays true to allah for her promises and all of her rhetoric before i think she'll be talking about banking no matter where she is even if she is on some ag committee or put on some obscure other committees have been any communication with elizabeth warren's office and your group who has been a tireless whistleblower in watchdog for accounting fraud is are going to be sort of better communication is
now elizabeth warren was going to serve under a barack obama as a consumer watchdog in the financial industry but she was prevented from assuming that role because she was actually talking about accountability so they would allow her to assume that position but now she's a senator in massachusetts is she going to just do anything to stop this well you know i bet they wish that they didn't stop her from being consumer financial protection bureau chief and now they've got a deal with her in the...
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and i think they are right. with one appropriate government involvement to stop these things from happening. so, you would think that our obligation would be to figure out, he had the authority? i respect that chairman greatly but i've never understood him to be a great legal scholar. seems to be there's some ambiguity. if there's an ambiguity it's our job to clear it up. you think there's an ambiguity because the law we drafted in 1997 said one thing and the court came in and said something else. you don't know what you can add, what do you can't act. if want to make you act in the future, other than just to beat you up do not i can, we got to make sure you have all of the authority appropriate to act. courts have thrown out part of that 1997 law. the courts themselves divided on whether section 503(a) continue to any legal force and the western states, 503(a) is not affected while in texas, louisiana and mississippi it is. and as a map put together by the compounding industry itself shows there's a very large
and i think they are right. with one appropriate government involvement to stop these things from happening. so, you would think that our obligation would be to figure out, he had the authority? i respect that chairman greatly but i've never understood him to be a great legal scholar. seems to be there's some ambiguity. if there's an ambiguity it's our job to clear it up. you think there's an ambiguity because the law we drafted in 1997 said one thing and the court came in and said something...
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has a legacy that he has to protect right now. have watched as democrats have picked up seats in the senate and the house and president obama has been reelected. they do not want to be seen as obstacles to a deal that pushes the economy into a better place. both sides have some political reason to do business right now. in the short term, there will be some kind of bridge. lori: speaking of that bridge in the republican, we did hear from john boehner once today. revenue has to be part of this deal. that is -- what do you mean that means? >> i think what it means is they have been talking about raising taxes on people making more than 250,000 were certainly more thhn 1 million. the billion landmark is acceptable. what really will go on is democrats will insist on more than $250,000. republicans may lower their estimates for people who are billionaires for people who make half a million. melissa: to think we will see any real spending cuts, though? >> oh, absolutely. if you go back to simpson bowles, if you talk about democrats, peo
has a legacy that he has to protect right now. have watched as democrats have picked up seats in the senate and the house and president obama has been reelected. they do not want to be seen as obstacles to a deal that pushes the economy into a better place. both sides have some political reason to do business right now. in the short term, there will be some kind of bridge. lori: speaking of that bridge in the republican, we did hear from john boehner once today. revenue has to be part of this...
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complex, barack obama's team is organizing. and they're targeting. and instead of talking about conspiracies in the media, josh, they're targeting voters in ohio. instead of talking about how the polls are skewed, they're making phone calls. while we are basically in this cocoon where our websites, our tv shows and our radio shows, talk show hosts are telling us, everything's okay. you're going to win. and anybody that says otherwise is just a part of the left-wing socialist conspiracy. >> i think that's why there was that thunderstruck disbelief among conservatives and apparently among romney himself the day after the election that they had actually lost. they didn't belief it would happen. and i think if romney had had a chance to break free of that entertainment complex, hadn't felt obligated to consistently kind of pander to it in his ineffective style, it would be more like the romney in the first debate who had that broader appeal that you're talking about, he might have been more successful. >> i'm going to save the supe
complex, barack obama's team is organizing. and they're targeting. and instead of talking about conspiracies in the media, josh, they're targeting voters in ohio. instead of talking about how the polls are skewed, they're making phone calls. while we are basically in this cocoon where our websites, our tv shows and our radio shows, talk show hosts are telling us, everything's okay. you're going to win. and anybody that says otherwise is just a part of the left-wing socialist conspiracy....
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speaking on on cnbc thursday, the co-chairs of president obama's deficit commission alan simpson and erskine bowles say you law make are haven't been focused on what's really right for the country. >> leaders who think it would be to their advantage to go off a fiscal cliff. what a wonderful trait that is. that we can win more democrats if we let it go over, we can win more with republicans. this whole game is not about win or lose. it's about how do we make the dems lose and how do we make the republicans lose. people are sick of that and they're ashamed of if. >> if we do get our house in order, the future of america is really bright. and we can compete with the best and brightest. if we don't, we're well on on our way to becoming a second rate power. >> simpson isn't hopeful a deal will be reached before the end of the year. bowles sees a one third chance. on that optimistic note, joining us is ben white from politico. so what's it going to be, economic chaos? >> no, i think i'm at more saa more sanguine. republicans lost seats in the house and senate and big at the presidential l
speaking on on cnbc thursday, the co-chairs of president obama's deficit commission alan simpson and erskine bowles say you law make are haven't been focused on what's really right for the country. >> leaders who think it would be to their advantage to go off a fiscal cliff. what a wonderful trait that is. that we can win more democrats if we let it go over, we can win more with republicans. this whole game is not about win or lose. it's about how do we make the dems lose and how do we...
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"squawk on the street" begins right now. >>> president obama has already met with labor leaders, progressives and a dozen ceos but this morning he holds a meeting with congressional leaders on avoiding a fiscal cliff. wall street wants to know if they can strike a deal. welcome to "squawk on the street" i'm ellitel melissa lee. carl quintanilla is at the white house this morning. good morning. >> good morning. as you mention, melissa, an amazing week of meeting at the white house. none of them really matter when you put them up against the meeting that's about to happen in this building in an hour from now. speaker boehner, senator mcconnell, senator reid, democratic leader pelosi, all will come here and speak for a couple hours. day one of negotiations. nobody is expecting huge news but as jim has already tweeted out this morning, the market is going to look for signs that this tone of compromise that we've heard so much about all week long is that for real or are talks going to break down in early stages? the market specifically is going to depend on that tone today and we'll bring that liv
"squawk on the street" begins right now. >>> president obama has already met with labor leaders, progressives and a dozen ceos but this morning he holds a meeting with congressional leaders on avoiding a fiscal cliff. wall street wants to know if they can strike a deal. welcome to "squawk on the street" i'm ellitel melissa lee. carl quintanilla is at the white house this morning. good morning. >> good morning. as you mention, melissa, an amazing week of...